Global Marine Partners Case Solution
Not frequently when one makes a decision are the results fast realized! Now, with the yen/U.S. dollar rate in the 140 range, the conclusion appeared to have proved right. However, Bobbin wasn't in a position. Several folks were interested in what should be done to benefit from the gain in the option place. Replace them with new ones and one suggestion was to sell the present options. Naturally, Bobbin could just keep the options open.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: March 31, 2004
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